The Automobile Association (AA) has warned that yet another hefty fuel price hike is on the cards next month.
South African motorists have expressed mixed feelings about the latest price hike after the price of fuel rose again on Wednesday.
Motorists should brace themselves for another fuel price hike on Wednesday, the fifth price hike this year.
Democratic Alliance leader, Mmusi Maimane, says the recent petrol price hike is an insult to the poorest of the poor who live under appalling conditions in South Africa.
South Africans woke up to a fuel price hike on Wednesday morning that will have a domino effect on other necessities such as food. Motorists will pay 4c for a litre of 93 and 95 octane fuels and between 23c and 27c for diesel. Illuminating paraffin has also risen by 21c. According to reports, this […]
The Energy Department says the fuel price will drop from midnight on Tuesday.
South Africans have to dig deeper into their cash strapped pockets as the price of fuel goes up yet again.
The Automobile Association says fuel prices are likely to rise in October following an attack on an oil refinery in Saudi Arabia.
The AA says the weakness in the Rand is expected to negatively affect the fuel price for next month.
Asian equity markets dropped to a six-month low on Monday while gold prices climbed as investors sought safe-haven assets.